Tax

Kirkland exits mount as Goodwin nabs tax partner

Goodwin has hired a tax partner from Kirkland & Ellis, marking the latest addition in a sustained streak of lateral hiring. The US firm has taken on London partner Dulcie Daly, who has spent seven years as a partner at Kirkland. As part of her practice, she works on UK and international tax planning in […]

Virtual barristers’ chambers hires first silk

Since launching as a virtual set in the summer, Addington Chambers has increased its total headcount to 11 and has hired its first silk. Michael Ashe QC SC, who was called to the Bar in 1978, joins the set from 9 Stone Buildings where he built a practice focused on company law, financial services and […]

germany

Freshfields pays €10m in cum-ex settlement

Freshfields Bruckhaus Deringer has made a voluntary payment of €10m, bringing to an end a long-running probe launched by the German authorities into “cum-ex” tax transactions. The firm had come under scrutiny from the Frankfurt authorities over cum-ex trading, a controversial practice that was prohibited in Germany in 2012. Investigators have since been probing deals carried […]

Freshfields overhauls German legal structure ahead of Brexit transition

Freshfields Bruckhaus Deringer has changed its legal structures in several European Union jurisdictions as the magic circle firm readies for Brexit. Freshfields is the first of the magic circle to have completed the conversion into a German equivalent of the UK LLP structure – known as Partnerschaftsgesellschaft mit beschränkter Berufshaftung (PartG mbB), a legal form […]

Paris Arc de Triomphe

Quinn Emanuel snags US rival’s Paris managing partner

Weil Gotshal & Manges’s Paris managing partner has left the firm after almost two decades, joining Quinn Emanuel Urquhart & Sullivan. Tax litigator Stephane Chaouat joins Quinn Emanuel’s Paris office and will head up the firm’s Parisian tax disputes team. He joined Weil 17 years ago and has spent the last eight years as the […]

germany

Cum-ex saga: German minister casts doubt over future government contracts for Freshfields

Germany’s finance minister today suggested that Freshfields Bruckhaus Deringer is unlikely to receive any new contracts from the country’s government, as he addressed concerns over the ongoing cum-ex saga. Olaf Scholz was questioned in the country’s Bundestag over a range of matters related to cum-ex trading, a controversial practice that was prohibited in Germany in […]

Freshfields tax partner exits in Germany

Another tax partner based in Freshfields Bruckhaus Deringer’s Frankfurt office has left the firm. Tobias Teufel, who was promoted to partner in 2010, is to part ways with the magic circle player after working in its corporate tax practice, advising banking and financial services clients. A firm spokesperson said: “The firm and Tobias Teufel have […]

germany

Coronavirus forces German court to expedite first cum-ex trial

The German court handling the first cum-ex trial has decided to expedite the legal proceedings due to challenges brought by the coronavirus pandemic. The Bonn District Court announced it will expedite the case against two British bankers, Martin S and Nicolas D. Both worked at the London office of German bank HypoVereinsbank (HVB) and are […]

Scalpel

MoFo recruits from the Big Four in latest partner addition

As an increasing number of firms look to boost their tax ranks in the City, Morrison & Foerster has brought in a Kirkland & Ellis-trained partner to boost its group. In May, the US firm will take on EY partner Sophie Allen, who spent six years at the Big Four accountancy firm and was previously […]

new york

Freshfields continues New York hiring spree with Latham recruit

Freshfields Bruckhaus Deringer has added an employee benefits partner in New York from Latham & Watkins, following on from the magic circle firm’s recruitment of a Cleary quartet last year. Lori Goodman will make the jump from the US to magic circle firm, becoming a partner in its US executive compensation and employee benefits practice, […]

germany

Cum-ex defendant on trial: large law firms “part of the industry”

Judgment is expected to be handed down this month in the first cum-ex-related trial to be heard in the German courts. Martin S, a former City banker at German bank HypoVereinsbank (HVB), is a defendant in the case, along with fellow British banker, Nicolas D. The pair have been accused of “aggravated tax evasion” for […]

exit

DLA Piper partner moves back to Greenberg after 18 months

Greenberg Traurig has reeled back tax partner Clive Jones, just a year and a half after he left for DLA Piper. Jones returns to Greenberg after first joining in 2016, as part of the diaspora from King & Wood Mallesons’ (KWM) UK collapse. He opted to move to Greenberg as part of a six partner team, […]